Investments
Tesla has sold 75% of its Bitcoin holdings, earning $936M
Tesla revealed that its Bitcoin trade brought $936 million to its balance sheet.
Oluwapelumi Adejumo 2 min read 
BTC
Bitcoin news today
The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
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Coverage footprint 31.3%
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Top Bitcoin Stories
Oluwapelumi Adejumo 2 min read 
Analysis
Bitcoin mining difficulty expected to see largest drop since China ban
The biggest drop in mining difficulty since China banned Bitcoin mining last year is expected to happen July 21, potentially suggesting an end to miners' capitulation.
Investments
Morgan Stanley is willing to buy El Salvador bonds despite poor performance
El Salvador’s $7.7 billion Eurobonds is performing poorly despite having better numbers than countries in a similar position.
More Bitcoin News & Analysis
People
Michael Novogratz predicts BTC could hit $500K by 2027
Galaxy Digital's CEO Mike Novogratz thinks global economy and crypto adoption will still push Bitcoin up to $500K in 5 years, despite the current bear market.
Price Watch
Bulls send Bitcoin surging above $23,000 for the first time since June 13
The return of risk-on appetite sees Bitcoin benefit with a spike above $23,000, and the significant break to the upside has some analysts calling the bottom.
Analysis
Indicators point to Bitcoin bottom formation but recovery unlikely so soon – Glassnode
Glassnode revealed that all on-chain metrics point to the sign of a price bottom formation except the length of time it takes for a genuine bottom to form.
Bear Market
SkyBridge Capital’s fund suspends withdrawals because of stocks, crypto decline
Legion Strategies halted withdrawals because of the sharp decline in the values of stock and cryptocurrencies held by the fund.
Mining
Samsung’s new mining chips will be 45% more efficient
Samsung announced it will begin the production of 3-nanometer chips that will be 45% more power efficient.
Exchanges
Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase
Coinbase in the last seven days had recorded over 10,000 outflows in its Bitcoin holdings while Binance recorded around 20,000 inflows.
Latest Bitcoin News Headlines
Trading
Crypto trading volume plunges to 18-month low, Coinbase feels the pinch
Partnerships
New York Yankees employees can get partially paid in Bitcoin with NYDIG partnership
Bear Market
Bitcoin miners still under pressure to sell but declining production costs provide relief
Bear Market